Withdrawals have been suspended one week. Celsius says it is continuing efforts to stabilise its liquidity and operations, and that the process "will take time".
June 20, 2022A new BIS bulletin highlights a growing trend in DeFi to rely on forms of centralisation, and a need for it to ultimately fall within the regulatory umbrella.
June 20, 2022BitConnect founder Satish Kumbhani and his co-conspirators obtained fraudulent gains from investors amounting to about USD 2.4 billion.
March 1, 2022BitConnect promised investors lucrative returns through the use of a proprietary trading bot, but investor funds were siphoned off by the company's founder and others.
September 6, 2021